This fund is structured to provide two times the daily levered return of the Crude Futures market, so with less leverage than UWTI. Nonetheless, the flows here demonstrate the same short term bullish trading bias that we have noted via the UWTI flows.

VelocityShares Daily 3x Long Crude ETN

For more information on Street One ETF market commentary and ETF trade execution/liquidity services, contact Paul Weisbruch at pweisbruch@streetonefinancial.com

Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.